Focus Partners Buys into Honeywell Aerospace with $1.57 Million Stake

A recent SEC filing shows that Focus Partners Advisor Solutions LLC acquired 7,020 shares of Honeywell Aerospace (NASDAQ:HONA) during the second quarter. The stock was valued at approximately $1,572,000. This new position is part of a larger trend of institutional investors adding to their holdings in Honeywell Aerospace.

In addition to Focus Partners Advisor Solutions LLC, other hedge funds and institutions have also made significant purchases of Honeywell Aerospace shares. ABN AMRO Bank N.V., Summit Asset Management LLC, S&CO Inc., Helios Capital Management PTE. Ltd., and Kelleher Financial Advisors all acquired new positions in the company during the second quarter.

Honeywell Aerospace's stock price has fluctuated over the past year, ranging from a high of $297.50 to a low of $150.03. The company's market capitalization is currently around $52.73 billion, and its PE ratio stands at 88.96.